Sr. Financial Analyst (Sourcing) - The Toro Company

Job Description

This is an ideal opportunity for a financial analyst who wants to learn, grow and develop while gaining experience in a global manufacturing environment.  The role will be focused on partnering with the integrated supply chain Sourcing team and providing insights using data and analytics to drive sound business decisions.  This is an individual contributor role but will provide influential leadership to business partners and project/initiative team members and leaders.  In order to be successful, the individual must have a continuous improvement mindset and proactively seek out opportunities to standardize processes and systems.  This person must have a positive attitude, be a team player with excellent communication skills and be comfortable working in a fast-paced, dynamic, change-oriented environment. Join us and continue developing your career and skills!

Job Duties & Responsibilities:

• Provide excellent service to internal business partners, being easy to do business with and a self-starter with a sense of urgency and ability to adapt to change.
• Provide the Sourcing function with insightful financial analysis, estimate alignment, month end accrual support and other related items.
• Analyze, report on and support the forecasting process for direct purchases, all material price variances and other purchase price variances.
• Utilizes existing Business Intelligence (BI) tools to provide meaningful analysis around actual financial results as compared to budgets, forecasts, and prior year results.
• Coordinate reporting and provide accurate and timely financial information for monthly reviews, quarterly projections, annual planning as well as other milestones as needed.
• Participate in cost reduction initiatives, including the tracking of cost reduction project results.
• Implement initiatives that simplify and automate processes.
• Identify, investigate, recommend corrective action and take action to issues while working with cross-functionally with colleagues in multiple departments.
• Perform other tasks and assignments as requested.

Job Qualifications:

• Bachelor’s degree in finance, business or accounting required. Advanced degree a plus.
• Previous experience in financial planning processes required.
  • Analyst II: A minimum of 3-5 years’ experience in financial planning or accounting
  • Analyst III: A minimum of 5+ years’ experience. Ability to solve complex problems with innovative solutions.  Demonstrated project leadership experience
• Experience in Microsoft Office Suite products with advanced Excel skills required; experience in enterprise software (SAP), financial software (OneStream), and BI tools (PowerBI, Domo)
• Experience in a manufacturing environment preferred
• Ability to effectively communicate, collaborate, and provide leadership to team members and cross functional partners
• Strong analytical, accounting, and problem-solving skills, with a mindset to drive insight from vast amounts of data
• Able to meet deadlines and work under pressure
• Curious learner, self-starter with a continuous improvement mindset.  Looks for ways to streamline and improve processes
• Ability to work successfully in a fast-paced dynamic organization with changing needs

Other Job-Related Components:

• Working conditions: Typical office working conditions
• Hybrid work environment
• Travel expectation: Minimal travel expectation
• Provide excellent service to internal business partners, being easy to do business with and a self-starter with a sense of urgency and ability to adapt to change.
• Provide the Sourcing function with insightful financial analysis, estimate alignment, month end accrual support and other related items.
• Analyze, report on and support the forecasting process for direct purchases, all material price variances and other purchase price variances.
• Utilize existing Business Intelligence (BI) tools to provide meaningful analysis around actual financial results as compared to budgets, forecasts, and prior year results.
• Coordinate reporting and provide accurate and timely financial information for monthly reviews, quarterly projections, annual planning as well as other milestones as needed.
• Participate in cost reduction initiatives, including the tracking of cost reduction project results.
• Implement initiatives that simplify and automate processes.
• Identify, investigate, recommend corrective action and take action on issues while working cross-functionally with colleagues in multiple departments.
• Perform other tasks and assignments as requested.
• Competitive Salary– The pay range takes into account skills, experience, education, and location. The estimated pay range is between $80,000 - $110,000. Cash compensation is one piece of our competitive total rewards package. If you need to, you can access your pay early with the One@Work app, formerly the Even app.

What Do You Need?

To be considered for this role, an individual should meet the following minimal requirements:  ​

• Bachelor’s degree in finance, business or accounting required. Advanced degree a plus.
• Previous experience in financial planning processes required.
  • Analyst II: A minimum of 3-5 years’ experience in financial planning or accounting
  • Analyst III: A minimum of 5+ years’ experience. Ability to solve complex problems with innovative solutions.  Demonstrated project leadership experience
• Experience in Microsoft Office Suite products with advanced Excel skills required; experience in enterprise software (SAP), financial software (OneStream), and BI tools (PowerBI, Domo)
• Experience in a manufacturing environment preferred
• Ability to effectively communicate, collaborate, and provide leadership to team members and cross functional partners
• Strong analytical, accounting, and problem-solving skills, with a mindset to drive insight from vast amounts of data
• Able to meet deadlines and work under pressure
• Curious learner, self-starter with a continuous improvement mindset.  Looks for ways to streamline and improve processes
• Ability to work successfully in a fast-paced dynamic organization with changing needs

At The Toro Company, we are committed to fostering a secure and trustworthy recruitment process for our applicants. Recruitment fraud is a potential threat to job seekers, so please be aware that throughout our recruitment process, you’ll never be required to pay any fees or disclose personal financial details when applying to TTC opportunities.   

We are proud to be an Equal Opportunity Employer and consider qualified applicants without regard to race, color, religion, sex (including pregnancy and related needs and conditions, gender identity, and sexual orientation), parental status, national origin, age, disability, genetic information (including family medical history), political affiliation, military service, or other non-merit based factors. We celebrate diversity and are committed to creating an inclusive environment for all employees.